Customer story
Sura Re successfully improved reinsurance lifecycle management and data efficiency by implementing solutions FS-RI and FS-CD.
COMPANY
Sura Re
HEADQUARTERS
Bermuda
EMPLOYEES
5+
INDUSTRY
Insurance
PRODUCTS & SERVICES
Reinsurance solutions
WEBSITE
www.surainvestments.com
msg global was an invaluable strategic ally in the implementation of our project due to its commitment to excellence and customer focus. Their ability to adapt to our specific needs in a different cultural environment and language was exceptional. The connection we established based on trust and respect was fundamental to the success of the project, as msg global team became an extension of our team, going beyond our expectations. We are very grateful for your support and collaboration!
Aide Patricia Montoya Alzate
Project Manager at Sura Re
What was accomplished
Sura Re is now enabled to efficiently manages its entire reinsurance lifecycle and consolidates data seamlessly, thanks to the implementation of SAP FS-RI and FS-CD solutions.
SOLUTION
SAP S/4HANA Cloud for Reinsurance
- End-to-End Reinsurance Management: Implemented SAP FS-RI for comprehensive lifecycle management and FS-CD to streamline data collection and consolidation.
- Enabled greater operational flexibility and robust insights through customizable features and advanced analytics.
CHALLENGES
Data migration challenges
- Dispersed and fragmented data requiring consolidation from various Excel files
- Lack of a unified system for efficient data migration and management
- Tight project timeline, demanding swift and efficient implementation,while it was completly done in Spanish language.
BENEFITS
Flexible, insightful and seamless
- Tailored Flexibility: FS-RI’s customizable features enable Sura Re to adapt the system to their evolving needs and portfolio growth.
- Advanced Reporting & Insights: Robust reporting tools provide valuable, actionable insights into Sura Re’s reinsurance operations.
- Smooth, Spanish-Language Rollout: Seamless implementation with all documentation, meetings, and training conducted in Spanish.
Why msg global
Operating from offices across the globe, our expert teams help clients achieve operational efficiency and improve decision-making capabilities.
Industry experts
An international reinsurance team of 300+ consultants with extensive technical knowledge and reinsurance experience.
Innovative leadership
Actively driving reinsurance efficiency and data consolidation through the strategic implementation of SAP solutions, setting standards for operational excellence.
Reliable partnership
We guide you through your transformation project and support you in every phase of using our solutions.
Flexible solution
Empowers your business to grow, expand into new regions, and explore diverse business opportunities.
